Broadridge CLO exercises 2,879 RSUs, covers taxes
Broadridge Financial Solutions Chief Legal Officer exercises RSUs and covers taxes with shares.
Accepted by SEC EDGAR
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Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Broadridge Financial Solutions Chief Legal Officer exercises RSUs and covers taxes with shares. On April 1, 2026, Hope M. Jarkowski had 2,879 Restricted Stock Units vest and convert into 2,879 shares of Broadridge common stock. To satisfy tax obligations, 913 shares were disposed of at $159.98 per share, leaving 1,967.25 common shares held directly after these transactions.
Insider Trade Summary
2,879 shares exercised/converted
Exercise
3 txns
Insider
Jarkowski Hope M.
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,879 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,879 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 913 | $159.98 | $146K |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 1,967.25 shares (Direct)
Holdings Before and After:
Restricted Stock Unit, 2,879 to 0 contracts (Direct);
Common Stock, 1.25 to 1,967.25 shares (Direct)
Footnotes (1)
- F1. Each Restricted Stock Unit represented one share of Broadridge common stock and on April 1, 2026 2879 Restricted Stock Units vested and converted into an equal number of shares of common stock.
Key Figures
RSUs vested and exercised: 2,879 units/shares
Shares withheld for taxes: 913 shares
Tax withholding share price: $159.98 per share
+1 more
4 metrics
RSUs vested and exercised
2,879 units/shares
Restricted Stock Units converting into common stock on April 1, 2026
Shares withheld for taxes
913 shares
Tax-withholding disposition of common stock
Tax withholding share price
$159.98 per share
Value used for 913-share tax-withholding transaction
Shares held after transactions
1,967.25 shares
Direct common stock holdings following April 1, 2026 transactions
Key Terms
Restricted Stock Unit, derivative security, tax-withholding disposition, exercise or conversion
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represented one share of Broadridge common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
exercise or conversion financial
"transaction_action: derivative exercise/conversion"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Broadridge (BR) Chief Legal Officer report?
The Chief Legal Officer reported vesting of 2,879 Restricted Stock Units that converted into 2,879 shares of common stock. As part of this event, some shares were later withheld to cover tax obligations, reflecting a routine compensation-related equity transaction.
Were the Broadridge (BR) insider transactions open-market buys or sales?
The transactions were not open-market trades. They involved the exercise and conversion of Restricted Stock Units into 2,879 shares and a tax-withholding disposition of 913 shares. These events are compensation and tax-related rather than discretionary market buying or selling.
AI-generated analysis. How Rhea-AI works. Not financial advice.
